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question_answer Discussion Board for a Question on Quiz: Commerce (WAEC 2000)

50 Questions · Public · Objective · Quiz suitable for all ages

26 Click Here To Discuss Question

Which of the following is true about cumulative preference shares?

Select 1 Option (1 Mks)
  • Unpaid dividends are carried forward
  • Shareholders can secure capital refund on demand
  • Shareholders are entitled to further share of profit
  • Dividends are paid into a special account
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